Basant Kumar Nayak
Corporate Retainer on Strategy, Risk & Insurance. Former Principal, College of Insurance(Insurance Institute of India) , Former General Manager(I/S), National Insurance, Former President, Kolkata Insurance Institute.
- Role
- Corporate Retainer on Strategy Risk & Insurance at Independent Senior Consultant
- Location
- Kolkata, IN
- LinkedIn followers
- 500 followers
About Basant Kumar Nayak
A qualified General Insurance professional having expertise and experience (38+ Years) in Non-Life Risk Underwriting, Claims Management, Product Management and Business Promotion ( across LOB), Finance Management, Risk Management, AML/CFT Compliance, Corporate Governance, Strategy and Technology. Ex. PPN Committee head (Health Insurance) for 4 PSU insurers in Eastern India, having pan India exposure. Currently a Retainer by Corporates to advise on Business Strategy, Risk and Insurance. Formerly as Principal of College of Insurance, Kolkata (Insurance Institute of India), in to teaching and research since March 2022. Earlier, as the DGM/Regional Head and General Manager (I/S) at National Insurance, having its HQ at Kolkata. Served the insurance market in Singapore having been there as Head Underwriting, CIO and CRO of India International Insurance Pte Ltd, Singapore that operates in the APAC region. Headed the largest Business Function (Motor Insurance Segment, USD 1 Billion) of National Insurance. Operational experience as SBU Head responsible for overall Business and P&L Management. Academically, Master of Commerce, Master of Business Administration in Finance and professionally a Fellow of Insurance Institute of India, Mumbai. Connects to NUS and SMU, Singapore, NIA (Pune), MDI (Gurgaon, India).
Experience
Corporate Retainer on Strategy Risk & Insurance
Mar 2025 — Present
Value Innovation, Adaptation and Change strategy. Risk Management (ERM framework), Commercial Insurance Underwriting (Medium, Large and Mega Risk) and Claims.
Education
Insurance Institute of India, Mumbai
Fellowship, General Branch
1994 — 1996
Utkal University
Master of Commerce (M.Com), Corporate Finance and Project Management
1981 — 1983
Indira Gandhi National Open University
Master of Business Administration (M.B.A), Finance and Marketing (Specializations)
1997 — 2000
Ravenshaw University, Cuttack, India
Bachelor of Commerce with Honours (B.Com.), Accounting and Finance
1977 — 1981
Find verified contacts for anyone on LinkedIn
Unifers gives sales teams verified emails and direct dials, enriched profiles, and outreach that lands in the inbox.
Free plan included · No credit card required
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.